17.08.2015 - Oil and commodities crash hits AIM companies
More than a tenth of the companies on the Alternative Investment Market are in the “90 per cent club”, having lost that proportion of their stock market worth since their peak, with much of the damage coming in the oil and gas and mining sectors. These are disproportionately represented on AIM, as companies with promising assets but no production have used it to raise fresh capital. The collapse in the oil price and the fall in global commodities have undermined the value of those assets...............................................Full Article: Source
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